BUY AMERICAN (avoid that made in China)

[briansd1]

While China invests all over the world and grows economically, we squander our money in Iraq and Afghanistan.

We waste a huge percentages of our GPD on a broken health care system.

I hate to say it, but we deserve our own economic decline. The enemy is us.

China invests heavily in Brazil, elsewhere in pursuit of political heft

By John Pomfret
Washington Post Staff Writer
Monday, July 26, 2010

PORTO DO ACU, BRAZIL — Here along the golden sands that grace the Atlantic coastline 175 miles north of Rio de Janeiro, China is forging a new economic reality.

http://www.washingtonpost.com/wp-dyn/content/article/2010/07/25/AR2010072502979.html?hpid=moreheadlines

[MadeInTaiwan]

[quote=NewtoSanDiego]Listen Americans, my real name is Wang Fu

I am sick and tired of all you Americans blaming China for all your problems.

We are the ones buying a big percentage your US government debt. We are keeping the US government solvent. If it weren’t for China treasury purchases, your interest rates would be much higher and your recession deeper

We listened a few years back when you lectured us about transparency and accountability in financial institutions. It it like a wok calling a tea steamer black!!

We are the new superpower now! As you decline slowly into oblivion, we will be glad to continue purchases of your rope.

Wang Fu (aka NSD)[/quote]

Fu 先生,

This is a symbiotic relationship. China loans U.S. money to purchase stuff manufactured in Chinese factories. Now that half of Europe is bankrupt, who is going to buy the Chinese goods without the U.S.?

Cheap talk aside, Chinese government does not (nor do other exporting countries like Taiwan, Japan, Germany) want U.S. to burrow less right now. The long term solution is for Chinese to consume more (which requires higher wages, higher saving account interest rates, less subsidies to manufactures, and a floating Renminbi). This is the path to being a superpower. However, Chinse government is afraid that doing so will cause unemployment and politcal instability.

If you think U.S banks are doing poorly (and there is much more to come), wait until the non performing loans come due in China. Everything in China is bigger, more spectacular, the three gorges dam, the Olympics, and the coming crash.

China may well emerge from the global readjustment as the pre-eminant world power as U.S. did post WWII, but readjustment will be painful for everyone. I supect China will suffer more than the U.S.

Actually, while I pull for China due to my ethnic tribalism, if I’d have to bet my money I’d bet on India, which has a real democracy.

[MadeInTaiwan]

[quote=NewtoSanDiego]Listen Americans, my real name is Wang Fu

I am sick and tired of all you Americans blaming China for all your problems.

We are the ones buying a big percentage your US government debt. We are keeping the US government solvent. If it weren’t for China treasury purchases, your interest rates would be much higher and your recession deeper

We listened a few years back when you lectured us about transparency and accountability in financial institutions. It it like a wok calling a tea steamer black!!

We are the new superpower now! As you decline slowly into oblivion, we will be glad to continue purchases of your rope.

Wang Fu (aka NSD)[/quote]

Fu 先生,

This is a symbiotic relationship. China loans U.S. money to purchase stuff manufactured in Chinese factories. Now that half of Europe is bankrupt, who is going to buy the Chinese goods without the U.S.?

Cheap talk aside, Chinese government does not (nor do other exporting countries like Taiwan, Japan, Germany) want U.S. to burrow less right now. The long term solution is for Chinese to consume more (which requires higher wages, higher saving account interest rates, less subsidies to manufactures, and a floating Renminbi). This is the path to being a superpower. However, Chinse government is afraid that doing so will cause unemployment and politcal instability.

If you think U.S banks are doing poorly (and there is much more to come), wait until the non performing loans come due in China. Everything in China is bigger, more spectacular, the three gorges dam, the Olympics, and the coming crash.

China may well emerge from the global readjustment as the pre-eminant world power as U.S. did post WWII, but readjustment will be painful for everyone. I supect China will suffer more than the U.S.

Actually, while I pull for China due to my ethnic tribalism, if I’d have to bet my money I’d bet on India, which has a real democracy.

[MadeInTaiwan]

[quote=NewtoSanDiego]Listen Americans, my real name is Wang Fu

I am sick and tired of all you Americans blaming China for all your problems.

We are the ones buying a big percentage your US government debt. We are keeping the US government solvent. If it weren’t for China treasury purchases, your interest rates would be much higher and your recession deeper

We listened a few years back when you lectured us about transparency and accountability in financial institutions. It it like a wok calling a tea steamer black!!

We are the new superpower now! As you decline slowly into oblivion, we will be glad to continue purchases of your rope.

Wang Fu (aka NSD)[/quote]

Fu 先生,

This is a symbiotic relationship. China loans U.S. money to purchase stuff manufactured in Chinese factories. Now that half of Europe is bankrupt, who is going to buy the Chinese goods without the U.S.?

Cheap talk aside, Chinese government does not (nor do other exporting countries like Taiwan, Japan, Germany) want U.S. to burrow less right now. The long term solution is for Chinese to consume more (which requires higher wages, higher saving account interest rates, less subsidies to manufactures, and a floating Renminbi). This is the path to being a superpower. However, Chinse government is afraid that doing so will cause unemployment and politcal instability.

If you think U.S banks are doing poorly (and there is much more to come), wait until the non performing loans come due in China. Everything in China is bigger, more spectacular, the three gorges dam, the Olympics, and the coming crash.

China may well emerge from the global readjustment as the pre-eminant world power as U.S. did post WWII, but readjustment will be painful for everyone. I supect China will suffer more than the U.S.

Actually, while I pull for China due to my ethnic tribalism, if I’d have to bet my money I’d bet on India, which has a real democracy.

[MadeInTaiwan]

[quote=NewtoSanDiego]Listen Americans, my real name is Wang Fu

I am sick and tired of all you Americans blaming China for all your problems.

We are the ones buying a big percentage your US government debt. We are keeping the US government solvent. If it weren’t for China treasury purchases, your interest rates would be much higher and your recession deeper

We listened a few years back when you lectured us about transparency and accountability in financial institutions. It it like a wok calling a tea steamer black!!

We are the new superpower now! As you decline slowly into oblivion, we will be glad to continue purchases of your rope.

Wang Fu (aka NSD)[/quote]

Fu 先生,

This is a symbiotic relationship. China loans U.S. money to purchase stuff manufactured in Chinese factories. Now that half of Europe is bankrupt, who is going to buy the Chinese goods without the U.S.?

Cheap talk aside, Chinese government does not (nor do other exporting countries like Taiwan, Japan, Germany) want U.S. to burrow less right now. The long term solution is for Chinese to consume more (which requires higher wages, higher saving account interest rates, less subsidies to manufactures, and a floating Renminbi). This is the path to being a superpower. However, Chinse government is afraid that doing so will cause unemployment and politcal instability.

If you think U.S banks are doing poorly (and there is much more to come), wait until the non performing loans come due in China. Everything in China is bigger, more spectacular, the three gorges dam, the Olympics, and the coming crash.

China may well emerge from the global readjustment as the pre-eminant world power as U.S. did post WWII, but readjustment will be painful for everyone. I supect China will suffer more than the U.S.

Actually, while I pull for China due to my ethnic tribalism, if I’d have to bet my money I’d bet on India, which has a real democracy.

[MadeInTaiwan]

[quote=NewtoSanDiego]Listen Americans, my real name is Wang Fu

I am sick and tired of all you Americans blaming China for all your problems.

We are the ones buying a big percentage your US government debt. We are keeping the US government solvent. If it weren’t for China treasury purchases, your interest rates would be much higher and your recession deeper

We listened a few years back when you lectured us about transparency and accountability in financial institutions. It it like a wok calling a tea steamer black!!

We are the new superpower now! As you decline slowly into oblivion, we will be glad to continue purchases of your rope.

Wang Fu (aka NSD)[/quote]

Fu 先生,

This is a symbiotic relationship. China loans U.S. money to purchase stuff manufactured in Chinese factories. Now that half of Europe is bankrupt, who is going to buy the Chinese goods without the U.S.?

Cheap talk aside, Chinese government does not (nor do other exporting countries like Taiwan, Japan, Germany) want U.S. to burrow less right now. The long term solution is for Chinese to consume more (which requires higher wages, higher saving account interest rates, less subsidies to manufactures, and a floating Renminbi). This is the path to being a superpower. However, Chinse government is afraid that doing so will cause unemployment and politcal instability.

If you think U.S banks are doing poorly (and there is much more to come), wait until the non performing loans come due in China. Everything in China is bigger, more spectacular, the three gorges dam, the Olympics, and the coming crash.

China may well emerge from the global readjustment as the pre-eminant world power as U.S. did post WWII, but readjustment will be painful for everyone. I supect China will suffer more than the U.S.

Actually, while I pull for China due to my ethnic tribalism, if I’d have to bet my money I’d bet on India, which has a real democracy.

[Anonymous]

this thread has buy American. I want to know that I have own business that my business related with China. I have been buy all product from Chianbuye. I saw that chinabuye is good supplier and has prodcut very well. why i will stop it.

[Anonymous]

this thread has buy American. I want to know that I have own business that my business related with China. I have been buy all product from Chianbuye. I saw that chinabuye is good supplier and has prodcut very well. why i will stop it.

[Anonymous]

this thread has buy American. I want to know that I have own business that my business related with China. I have been buy all product from Chianbuye. I saw that chinabuye is good supplier and has prodcut very well. why i will stop it.

[Anonymous]

this thread has buy American. I want to know that I have own business that my business related with China. I have been buy all product from Chianbuye. I saw that chinabuye is good supplier and has prodcut very well. why i will stop it.

[Anonymous]

this thread has buy American. I want to know that I have own business that my business related with China. I have been buy all product from Chianbuye. I saw that chinabuye is good supplier and has prodcut very well. why i will stop it.

[GH]

I think when things DO come back to America, Americans will be competing with EVEN CHEAPER robotic labor. I strongly believe we are right on the edge of computer technology such as this becomes a reality.

In 10 – 20 years when you go to the grocery story to purchase groceries there will be NO checkout clerks. All will be done with RFID.

Most manufacturing jobs will be done using robotic builders. These units will be generic, and effectively be taught how to do their job. After this, they will bang away 7-24 without breaks or pay.

Grunt level computer programming jobs – Insert, Update Delete junk will be fully code generated, leaving the code babies out in the cold.

Jobs like trash pickup are already much automated and will become more so.

We no longer have meter readers read our electric and gas meters here in San Diego, these jobs – bye bye.

Anyway, it goes on and on. The big question is with all the cheap labor and technology, do we really need all the workers? If we don’t need them, are they then relegated to financial purgatory or can we find some way to allow our population to live and find higher endeavors to follow?

Think about it. We are and always have been a “work ethic” society. What happens when most of us are not needed any more to work?

[GH]

I think when things DO come back to America, Americans will be competing with EVEN CHEAPER robotic labor. I strongly believe we are right on the edge of computer technology such as this becomes a reality.

In 10 – 20 years when you go to the grocery story to purchase groceries there will be NO checkout clerks. All will be done with RFID.

Most manufacturing jobs will be done using robotic builders. These units will be generic, and effectively be taught how to do their job. After this, they will bang away 7-24 without breaks or pay.

Grunt level computer programming jobs – Insert, Update Delete junk will be fully code generated, leaving the code babies out in the cold.

Jobs like trash pickup are already much automated and will become more so.

We no longer have meter readers read our electric and gas meters here in San Diego, these jobs – bye bye.

Anyway, it goes on and on. The big question is with all the cheap labor and technology, do we really need all the workers? If we don’t need them, are they then relegated to financial purgatory or can we find some way to allow our population to live and find higher endeavors to follow?

Think about it. We are and always have been a “work ethic” society. What happens when most of us are not needed any more to work?

[GH]

I think when things DO come back to America, Americans will be competing with EVEN CHEAPER robotic labor. I strongly believe we are right on the edge of computer technology such as this becomes a reality.

In 10 – 20 years when you go to the grocery story to purchase groceries there will be NO checkout clerks. All will be done with RFID.

Most manufacturing jobs will be done using robotic builders. These units will be generic, and effectively be taught how to do their job. After this, they will bang away 7-24 without breaks or pay.

Grunt level computer programming jobs – Insert, Update Delete junk will be fully code generated, leaving the code babies out in the cold.

Jobs like trash pickup are already much automated and will become more so.

We no longer have meter readers read our electric and gas meters here in San Diego, these jobs – bye bye.

Anyway, it goes on and on. The big question is with all the cheap labor and technology, do we really need all the workers? If we don’t need them, are they then relegated to financial purgatory or can we find some way to allow our population to live and find higher endeavors to follow?

Think about it. We are and always have been a “work ethic” society. What happens when most of us are not needed any more to work?

[GH]

I think when things DO come back to America, Americans will be competing with EVEN CHEAPER robotic labor. I strongly believe we are right on the edge of computer technology such as this becomes a reality.

In 10 – 20 years when you go to the grocery story to purchase groceries there will be NO checkout clerks. All will be done with RFID.

Most manufacturing jobs will be done using robotic builders. These units will be generic, and effectively be taught how to do their job. After this, they will bang away 7-24 without breaks or pay.

Grunt level computer programming jobs – Insert, Update Delete junk will be fully code generated, leaving the code babies out in the cold.

Jobs like trash pickup are already much automated and will become more so.

We no longer have meter readers read our electric and gas meters here in San Diego, these jobs – bye bye.

Anyway, it goes on and on. The big question is with all the cheap labor and technology, do we really need all the workers? If we don’t need them, are they then relegated to financial purgatory or can we find some way to allow our population to live and find higher endeavors to follow?

Think about it. We are and always have been a “work ethic” society. What happens when most of us are not needed any more to work?

[Author]

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